fibonacciextension

Tkai massive upside potential. In other words, buy between .99 and current price 1.06 and aim to get out in the 1.2's. Current price is the high point of first wave up (the XA)..price descended appropriately (1--> .618) for support, and moved higher between the 1.21 and 1.41 exetension of XA. The following ...

Gold has put a new structure low on a daily chart.
Price might keep moving downward until it reaches next level of structure at 1178 (1414 Fib extension).
Pontetial ABCD pattern identified.
Stops placed just above previous outside return.
Nice risk to reward ratio.
If you are more conservative, you should wait for ...

Its a big if, but if price can get back up here to this level it would be a convenient place for us to see the short term trend reverse. Why?
1.We have a Fibonacci extension level at the 1.618
2. We have a normal retracement from our swing high @ 886
3. Another potential AB=CD pattern
4. this is a good looking ...

We've broken the head and shoulders pattern that Ive been eyeing on the daily chart, a close below that level today would be a nice sign of confirmation. However, on the hourly chart we have an ABCD pattern completed at a 1.618 ext, so there may be a short term bullish move (or massive rally, not sure). I don't try ...

Sticking with the prevailing trend on the higher time frames and looking for a possible short entry to get in on should this thing break to the downside based on the 1D chart. The area where this harmonic pattern would complete comes in at a previous structure level on the 15m chart.This may serve as a possible ...

Within the large consolidation wedge that EURUSD has been in for the last 2 years, there's been quite a bit of movement that has presented a wide array of opportunities. Over the last month Euro broke out of an ascending channel after the Brexit announcement, confirming a new downward trend within a descending ...

Not sure how much price is going to drop before the impulse up
Expecting price action to drop to at least 23.6% fib
if it does I want price action to break minor support turned resistance level to indicate possible move to 1.272 extension.
Stops below critical zone

After capitulating last friday bulls are poised to take back some ground lost.
Overall my trend bias is bullish
My prediction is that price action will AT LEAST hit psychological level of 1.31000
Retrace a little bit and then sky rocket to a FIBONACCI CONFLUENCE
- MONTHLY 38.2% RETRACE
-1.271 FIBONACCI EXTENSION

Hello Traders,
We have a potential Cypher Pattern if price pulls down to our entry level @ 1.3072
This is a trend continuation trade. I am looking at our entry level acts as an area of minor and major support.
Target 1@ 1.3135 (63 pips from entry)
Target 2 @ 1.3179 (107 pips from entry)
Feel free to follow, like, ...

Price is currently entering a Daily support zone, I am expecting buyers to come in at the 78.6% Fibonacci level where the lower trend line of the downward channel could also come into play. The Daily 200 smooth moving average lies just beneath the support level and the 78.6% Fibonacci level. The 200% Fibonacci ...